Technology Trends To Watch
1. Use of Predictive Analytics for Inventory Management One of the biggest inventory management businesstimenow problems is deciding the ideal stock level to hold. Too much stock leads to high costs and the risk of obsolete or redundant stock. Too low stock, and you run the risk of stock out and falling to make shipment on time. To curb these problems, WMS solutions providers are incorporating machine learning for inventory management. The idea is to create a model that directs your business to the optimum level of stock to hold. Besides, the warehouse management software will guide you on when to get rid of your stock. So, on top of using the WMS, design your warehouse in such a way that you boost flexibility. That’s why you should consider switching to roll-formed-racking as they’re easy to disassemble and assemble. The great thing is that you can find a resource on the web on how a racking system works and its benefits. So, check it out to get more infor...